BI: Fed President Kocherlakota Is Speaking Tonight

Since we last heard from Kocherlakota in May, we have seen a significant shift from the moderate core of the Fed with both Pianalto and Lockhart signaling a greater degree of openness to further Fed accommodation. Further, in the last few days both Williams and Rosengren have argued that further Fed accommodation is warranted. Signs that Kocherlakota's views are evolving in a similar manner would lead us to believe that the broader Fed view has evolved significantly and that USD weakness has further to run.

Well maybe not the whole world will be listening , but maybe 42,485 in Minot , ND .